American Midstream Partners (AMID) Reports Q3 EPS of $0.39

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Go back to American Midstream Partners (AMID) Reports Q3 EPS of $0.39

American Midstream Reports Third Quarter 2018 Results

November 8, 2018 6:45 AM EST

HOUSTON, Nov. 8, 2018 /PRNewswire/ -- American Midstream Partners, LP (NYSE: AMID) ("American Midstream" or the "Partnership") today reported financial and operational results for the three and nine months ended September 30, 2018.

Highlights

Financial

Net income attributable to the Partnership was $38.2 million for the three months ended September 30, 2018 as compared to $55.9 million for the same period in 2017. Adjusted EBITDA was $35.2 million for the three months ended September 30, 2018, compared to $42.4 million for the third quarter of 2017. (1) Total segment gross margin was $74.5 million for the three months ended September... More